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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (40630)2/11/2000 3:35:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Juice:

NICE TRADE! Congrats.

-Scott



To: Jerry Olson who wrote (40630)2/11/2000 4:43:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 44573
 
Hey OJ...

Well the big question now is what next. I am flat myself... I don't expect good things from tech but will just have to see. I hope that things do not gap down, I'd like to see a rally to short first. If tech can make one more lunge and the charts say short.. I think this will be a keeper for a while.

I'm sure there will be a lot of speculation about a rally in the non tech names because they've been so badly beaten... I can see this happening (gut call, nothing else) but I can also see that if money departs techs quickly in favour of the underloved, it make be that which in fact completely undoes things.

i.e., a big whacking in tech will quickly reignite a sell off elsewhere.

Never know...